RIDV - Invesco International Ultra Dividend Revenue ETF

Equity - International and Global Equity

Product Details

The Invesco International Ultra Dividend Revenue ETF (the "Fund") is based on the FTSE Custom Developed ex US Ultra Dividend Revenue Index (the "Index"). The Fund will invest at least 90% of its total assets along with any borrowings for investment purposes, in the securities of companies included in the Index. The Index is constructed using a rule-based methodology that starts with the FTSE Developed ex US Index and (1) excludes the top 5% of securities within each country by dividend yield, (2) excludes the top 5% of securities within each sector by dividend payout ratio, (3) selects the top 200 securities by dividend yield and (4) re-weights those securities according to the revenue earned by the companies, with a maximum 5% per company weighting and 10% country weighting. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and Index are rebalanced and reconstituted quarterly.

as of 11/30/2019 09/30/2019

Performance

  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
FTSE Custom Developed ex US Ultra Dividend Revenue Index 14.48 8.36 N/A N/A N/A -0.35
FTSE Developed ex US Index 17.82 11.89 9.31 4.22 5.24 1.86
Fund History (%)
Fund NAV 13.66 7.58 N/A N/A N/A -0.52
After Tax Held 12.32 6.10 N/A N/A N/A -1.64
After Tax Sold 8.07 4.59 N/A N/A N/A -0.79
Fund Market Price 13.15 6.65 N/A N/A N/A -0.59
  YTD 1Yr 3Yr 5Yr 10Yr Since Inception
Index History (%)
FTSE Custom Developed ex US Ultra Dividend Revenue Index 9.64 -3.87 N/A N/A N/A -4.08
FTSE Developed ex US Index 12.71 -1.80 6.37 3.19 4.83 -1.74
Fund History (%)
Fund NAV 8.94 -4.53 N/A N/A N/A -4.20
After Tax Held 7.65 -5.85 N/A N/A N/A -5.44
After Tax Sold 5.30 -2.56 N/A N/A N/A -3.61
Fund Market Price 8.44 -4.78 N/A N/A N/A -4.28

Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. Performance data quoted represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than performance data quoted. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Fund performance reflects applicable fee waivers, absent which, performance data quoted would have been lower. After Tax Held and After Tax Sold are based on NAV. Returns less than one year are cumulative.

As the result of a reorganization on May 24, 2019, the returns of the fund for periods on or prior to May 24, 2019 reflect performance of the Oppenheimer predecessor fund.

This is a new Fund and has no full-year Fund performance to report as of most recent quarter end.

as of 09/30/2019

Growth of $10,000

Data beginning 10 years prior to the ending date of 09/30/2019. Fund performance shown at NAV.

An investor cannot invest directly in an index. The results assume that no cash was added to or assets withdrawn from the Index. Index returns do not represent Fund returns. The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.

S&P Global Dividend Opportunities Index* performance prior to 9/30/2008 reflects that of the original Underlying Index By Design High Income Index. From 9/30/2008, forward, the Index performance reflects that of the Underlying Index S&P Global Dividend Opportunities Index AND IS NOT INTENDED FOR ANY THIRD PARTY USE.

as of 12/09/2019

Sector Allocation

Sector Percent of Fund
Financials 44.06%
Energy 17.30%
Materials 7.73%
Communication Services 7.35%
Consumer Discretionary 6.68%
Industrials 5.82%
Utilities 5.22%
Consumer Staples 2.58%
Information Technology 1.27%
Real Estate 1.05%
Health Care 0.95%
as of 12/09/2019

Top Country Allocation

Country Percentage
United Kingdom 21.92%
France 14.99%
Germany 14.97%
Australia 9.21%
Italy 6.10%
Spain 5.54%
Canada 5.48%
Netherlands 3.94%
Switzerland 3.34%
Norway 2.49%
as of 12/06/2019

Market Cap & Style Allocations

Large-Cap Value 64.17%
Large-Cap Blend 18.46%
Large-Cap Growth 0.18%
Mid-Cap Value 12.37%
Mid-Cap Blend 3.14%
Mid-Cap Growth 0.80%
Small-Cap Value 0.87%
Small-Cap Blend -
Small-Cap Growth -

as of 12/09/2019 Top Holdings | View All

Fund Holdings subject to change

Ticker Company % of Fund
FP FP TOTAL SA 4.54
RDSA LN Royal Dutch Shell PLC 4.36
BP/ LN BP PLC 4.30
BMW Bayerische Motoren Werke AG 3.15
ALV Allianz SE 3.11
ACA FP Credit Agricole SA 3.00
G Assicurazioni Generali SpA 2.18
SAN Banco Santander SA 2.16
DTE Deutsche Telekom AG 2.08
BNP FP BNP Paribas SA 2.07

Distributions | HideView All | Distribution Information

Ex-Date Record Date Pay Date $/
Share
Ordinary Income Short Term Gains Long Term Gains Return of Capital
09/23/2019 09/24/2019 09/30/2019 0.14972 0.14972 - - -
06/24/2019 06/25/2019 06/28/2019 0.44146 0.44146 - - -
03/19/2019 03/20/2019 03/21/2019 0.09885 0.09885 - - -
12/26/2018 12/27/2018 12/28/2018 0.17943 0.17943 - - -
09/25/2018 09/26/2018 09/27/2018 0.10987 0.10987 - - -

Frequency Distribution of Discounts & Premiums

    Bid/Ask MidPoint Above NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
09/30/2019 64 25 3 1 0 0 0
03/31/2019 61 19 12 19 1 0 0
12/31/2018 63 5 18 20 5 2 1
09/30/2018 38 9 11 14 0 0 0
Year Ended 2018 101 14 29 34 5 2 1
    Bid/Ask Midpoint Below NAV
Quarter
Ending
Days 0.00-
0.25%
0.26-
0.50%
0.51-
0.99%
1.00-
1.49%
1.50-
1.99%
≥2.00%
09/30/2019 64 23 7 5 0 0 0
03/31/2019 61 9 0 1 0 0 0
12/31/2018 63 4 3 4 0 1 0
09/30/2018 38 3 0 1 0 0 0
Year Ended 2018 101 7 3 5 0 1 0

Fund Inception : 08/07/2018

 Risk & Other Information

Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.

There are risks involved with investing in ETFs, including possible loss of money. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. Ordinary brokerage commissions apply. The Fund's return may not match the return of the Underlying Index. The Fund is subject to certain other risks. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund.

Investments focused in a particular sector, such as financials and energy, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments.

Securities that pay dividends as a group can fall out of favor with the market, causing such companies to underperform companies that do not pay dividends. Also changes in the dividend policies of the companies and the capital resources available for such companies' dividend payments may affect the Fund.

The risks of investing in securities of foreign issuers, including emerging market issuers, can include fluctuations in foreign currencies, political and economic instability, and foreign taxation issues.

The performance of an investment concentrated in issuers of a certain region or country, such as the Eurozone, is expected to be closely tied to conditions within that region and to be more volatile than more geographically diversified investments.

Stocks of medium-sized companies tend to be more vulnerable to adverse developments, may be more volatile, and may be illiquid or restricted as to resale.

The Fund is subject to numerous market trading risks, including the potential lack of an active market, losses from trading in secondary markets, and disruption in the creation/redemption process. During stressed market conditions, Shares may become less liquid as result of deteriorating liquidity which could lead to differences in the market price and the underlying value of those Shares.

The Fund is non-diversified and may experience greater volatility than a more diversified investment.

Increased volatility may result from increased cash flows to the Fund and other market participants that continuously or systematically buy large holdings of small- or mid-cap companies, which can drive prices up and down more dramatically. Announcements that a security has been added to a widely followed index may cause the price of that security to increase, and decrease when deleted from the index.

The fund may engage in frequent trading of its portfolio securities in connection with the rebalancing or adjustment of the Underlying Index.

The FTSE Developed ex US Index is comprised of Large (85%) and Mid (15%) cap stocks providing coverage of Developed markets (24 countries) excluding the US.

The Global Industry Classification Standard was developed by and is the exclusive property and a service mark of MSCI, Inc. and Standard & Poor's.

The Invesco International Ultra Dividend Revenue ETF has been developed solely by Invesco Capital Management LLC, and is not in any way connected to or sponsored, endorsed, sold or promoted by the London Stock Exchange Group plc and its group undertakings (collectively, the “LSE Group”). FTSE Russell is a trading name of certain of the LSE Group companies. All rights in the FTSE Custom Developed ex US Ultra Dividend Revenue Index (the “Index”) vest in the relevant LSE Group company which owns the Index. FTSE® is a trade mark(s) of the relevant LSE Group company and is/are used by any other LSE Group company under license. The Index is calculated by or on behalf of FTSE International Limited or its affiliate, agent or partner. The LSE Group does not accept any liability whatsoever to any person arising out of (a) the use of, reliance on or any error in the Index or (b) investment in or operation of the Invesco International Ultra Dividend Revenue ETF. The LSE Group makes no claim, prediction, warranty or representation either as to the results to be obtained from the Invesco International Ultra Dividend Revenue ETF or the suitability of the Index for the purpose to which it is being put by Invesco Funds.

as of 12/10/2019
4:10 PM EST

RIDV
Intraday Stats

  • Last Trade $23.77
  • Current IIV $23.80
  • Change -$0.01
  • % Change -0.04%
as of 12/09/2019
  • NAV at market close $23.83
as of 12/09/2019

Fund Yield

  • SEC 30 Day Yield 4.64%
  • Distribution Rate 2.51%
  • 12 Month Distribution Rate 3.65%
  • 30-Day SEC Unsubsidized Yield
    as of 12/09/2019
    4.64%
as of 12/09/2019

Prior Close

  • Closing Price $23.78
  • Bid/Ask Midpoint $23.78
  • Bid/Ask Prem/Disc -$0.05
  • Bid/Ask Prem/Disc -0.21%
as of 09/30/2019

Fund Characteristics

  • Price/Earnings Ratio1 10.66
  • Forward Price/Earnings Ratio 10.05
  • Price/Book Ratio1 1.04
  • ROE2 12.56%
  • Avg Market Cap2 $58,203MM

1 Weighted Harmonic Average

2 Weighted Average

Source for Fund Characteristics calculations: FactSet

Fund Details

  • Fund Ticker RIDV
  • CUSIP # 46138G771
  • ISIN US46138G7714
  • Intraday NAV RIDVIV
  • Index Ticker RIDVNR
  • Index Provider FTSE Russell
  • Management Fee 0.42%
  • Total Expense Ratio 0.42%
  • Marginable No
  • Short Selling No
  • Options No
  • Exchange NYSE Arca, Inc.
  • Inception Date 08/07/2018
  • # of Holdings 201
    as of 12/09/2019
as of 12/10/2019

Quick Facts

  • Previous Close $23.78
  • Open $23.77
  • Today's High $23.77
  • Today's Low $23.77
  • Today's Volume 0
  • 11 30-Day Avg Trading
    Volume
  • 52 Week High $24.57
  • 52 Week Low $21.22
  • Shares Outstanding .10MM
  • Market Value $2.4MM